business π¦ Bank strike planned over work week and pension issues
Bank unions (UFBU) are planning a three-day strike from September 28 to 30, 2026, demanding a five-day banking week and pension reforms. The protest targets banks across India, with the Finance Ministry meeting with executives beforehand. The strike coincides with the half-yearly closing on September 30, which is a key date for bank operations. Unions argue that a five-day week aligns with RBI and insurance sector practices and improves work-life balance. They also seek pension updates for retirees to better reflect current cost of living. π¦